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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Follies who wrote (19377)5/28/1998 3:06:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 94695
 
Guys, as I understand it, the 50 point "curbs" restricts the use of the automated order execution system for program trading. Doesn't stop them from trading, just makes it a tad tougher to execute. I don't think it would be reasonable (or wise) to shut off what are really just arbitrage activities just because the market has moved 50 points (or 500 points for that matter).

Bob